Microsoft and Nintendo respond to Sony’s PS5 price hike

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Microsoft

On August 25, Sony announced a near-global price increase for the PlayStation 5, citing inflationary pressure and the reduced value of some countries’ currencies. This led gamers to wonder if the Xbox or Nintendo Switch would receive a similar price increase; the answer is no”.

Both Nintendo and Microsoft will continue to sell their consoles at current prices. In response to Windows latestMicrosoft states that it is “constantly evaluating our business to offer our fans great gaming options. Our Xbox Series S suggested retail price remains at $299 (£250, €300), while Xbox Series X is $499 (£450, €500).”

Earlier this year, Nintendo president Shuntaro Furukawa told shareholders that “we currently have no plans to change the price of our hardware due to inflation or rising acquisition costs in each country.” When eurogamer When asked if plans had changed on August 26, Nintendo simply replied with the quote above.

It seems that Sony is alone in this situation. Still, there’s no guarantee that Nintendo or Microsoft will permanently maintain their prices. If economic pressure continues to mount, these companies may be forced to adjust prices in select regions.